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Asia-Pacific Food Safety Testing Market Research Report – Segmented By Contaminant, Food Type, Technology and Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC) – Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029)

Published: March, 2023
ID: 702
Pages: 145
Formats: report pdf report excel report power bi report ppt

Asia-Pacific Food Safety Testing Market Size (2024 to 2029)

The food safety testing market size in the Asia-Pacific was worth USD 3.64 billion in 2023. The Asia-Pacific region is estimated to be growing at a CAGR of 9.4% from 2024 to 2029 and be worth USD 6.24 billion by 2029 from USD 3.98 billion in 2024. Food supply across the world is at the highest threshold, which is increasing the need for test procedures to safeguard food products.

Food safety testing refers to inspecting food products for bacteria, chemicals, and other hazardous materials that cause disease. Microbial pathogens such as virus, bacteria, toxins, allergens, residues of drugs, and agricultural chemicals, if not tested, can be hazardous to consumers. Food fraud occurs when food is intentionally altered to deceive consumers for financial gains. The Agency for Food Standards (FSA) defines two main types of food fraud, namely the selling of unfit and potentially harmful and intentional food misdescription.

The growth of the Asia Pacific Market is mainly driven by factors like the rise in foodborne illnesses, the increasing need for testing pathogens, consumer awareness, stringent regulations, and food business globalization. The food product manufacturers are controlled by the respective regional and international regulatory bodies to implement food safety testing and accreditation. Furthermore, the increase in economically motivated adulterations (EMAs) due to high competition between food producers and the increase in cases of food degradation, such as contamination, pesticides, artificial taste enhancers, and certifications, boosts the growth of the demand for food safety tests.

The time taken and the high cost of the testing procedure are the key factors restricting the growth of the Asia-Pacific market. The high incidence of foodborne disease outbreaks in several nations, including developed countries such as the United States, has led to growing concern and intense investigation of foodborne pathogens. Volatile currencies, high costs, and lack of awareness were significant limiting factors for the Asia-Pacific market.

This research report on the Asia-Pacific food safety testing market has been segmented and sub-segmented based on the following categories.

Asia-Pacific Food Safety Testing Market - By Contaminant:

  • Microbial
  • GMOs
  • Metal Contaminants
  • Pesticides and Residues
  • Toxins
  • Food Allergen
  • Others

The fastest-growing GMO market is due to increased consumer understanding of GMOs in food, and efficient technological developments. Lack of information on the nutritional and health properties of GM foods leads consumers to assume that they are not safe for consumption, thereby driving the GMO testing and labeling market.

Microbiological testing is the largest part of the market due to its safety testing in almost all food products. Meat and poultry are the leading segments of the market, while processed food is the fastest-growing segment. The fast technology segment is expected to grow at the highest CAGR level due to the development of testing methods and rapid, accurate, efficient, and easy-to-use features.

Asia-Pacific Food Safety Testing Market - By Food Type:

  • Meat & Poultry
  • Dairy Product
  • Processed Food
  • Beverages
  • Fruits & Vegetables
  • Others

Asia-Pacific Food Safety Testing Market - By Technology:

  • Traditional
  • Rapid

Asia-Pacific Food Safety Testing Market - By Country:

  • India
  • China
  • Japan
  • South Korea
  • Australia
  • New Zealand
  • Thailand
  • Malaysia
  • Vietnam
  • Philippines
  • Indonesia
  • Singapore
  • Rest of APAC

The Asia-Pacific region offers significant opportunities for the Food Safety Testing Market, with China and India being the most populous countries in the area, contributing to increasing demand. China is the market leader in this region and is expected to be one of the fastest-growing markets in the forecast period with a CAGR of 10.4%.

KEY MARKET PLAYERS:

Companies playing a major role in the Asia-Pacific food safety testing market include SGS, Eurofins, Intertek, Bureau Veritas, Mérieux, ALS Limited, TUV SÜD, TÜV Nord Group, Microbac Laboratories, AsureQuality, FoodChain ID, Romer Labs, Symbio Laboratories and RJ Hill Laboratories.

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